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Keyword: fanniegate

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  • Obamacare Implosion Now? Since Obama (Illegally) Siphoned GSE Dividends To Prop Up ...

    04/02/2017 12:16:31 AM PDT · by Zakeet · 42 replies
    ZeroHedge ^ | April 2, 2017
    Complete Headline: Obamacare Implosion Now? Since Obama Siphoned GSE Dividends To Prop Up, Can Trump Simply Halt 1st Qtr Sweep? Earlier this month, Harvard Ph.D. Jerome Corsi of InfoWars (@jerome_corsi) and a CPA "who worked for two years for a major U.S. accounting firm as an outside auditor for Freddie Mac," confirmed a 2012 scheme hatched by the Obama administration to funnel hundreds of billions in dividends from Government Sponsored Enterprises (GSE) Fannie Mae and Freddie Mac to prop up the failing Obamacare program - by paying subsidies to insurers to remain in the system. [Snip] The conclusion reached by...
  • Conventional Fed Wisdom, Defied

    08/14/2011 3:49:08 PM PDT · by neverdem · 14 replies
    NY Times ^ | August 13, 2011 | GRETCHEN MORGENSON
    NEWS last week that the Federal Reserve would keep interest rates near zero until mid-2013 was welcomed by many investors, but the bleak message about the economy still came through loud and clear. The Fed has spent several years trying to kick-start the economy with low rates and other policies, with little success. Which raises this question: Will more of the same help now? Among the doubters is Thomas M. Hoenig, the soon-to-be former president of the Federal Reserve Bank of Kansas City. Mr. Hoenig, at the helm of the Kansas City Fed for the last 20 years, has thought...
  • Fanniegate: Gamechanger For The GOP?

    Fanniegate: Gamechanger For The GOP? Walter Russell Mead Democrats, watch out.The Republican Party and especially its Tea Party wing have just acquired a new weapon of mass destruction — and it has nothing to do with any of Congressman Wiener’s rogue body parts. If they deploy this weapon effectively in the next election cycle — a big if — then they have the biggest opportunity to move the country rightward since Ronald Reagan took the oath of office back in 1981.The Tea Party WMD stockpile is currently stored in book form: Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led...
  • FANNIE-GATE Begins - FBI Probe Launched

    09/23/2008 5:35:46 PM PDT · by paul in cape · 28 replies · 181+ views
    CNN Money.com ^ | 9.23.08 | AP
    Investigators start search for fraud at Fannie Mae, Freddie Mac, Lehman Brothers and AIG, sources say. The FBI is investigating four major U.S. financial institutions whose collapse helped trigger a $700 billion bailout plan by the Bush administration. The inquiries, still in preliminary stages, will focus on the financial institutions and the individuals that ran them, a senior law enforcement official said.
  • Fannie-Gate...Where's The Investigation

    09/15/2008 6:38:11 PM PDT · by paul in cape · 35 replies · 787+ views
    NRO Online ^ | 9.9.08 | Byron York
    If ever there was a need for an investigation or a special prosecutor, Fannie Gate fits the bill. Politics, Democratic corruption, and a laundry list of Clinton pals have cause Fannie Mae and Freddie Mac to go belly up. How come no one wants to get to the bottom of this. Sen. Chris Dodd and Rep. Charles Rangel are up to their ears in potential criminal activity. Where are the calls for an Enron-type investigation?